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14. The calculation of the quick ratio involves A Current Liabilities minus Inventory B Current Assets minus Cash C Current Assets minus Inventory D Current
14.The calculation of the quick ratio involves
A Current Liabilities minus Inventory
B Current Assets minus Cash
C Current Assets minus Inventory
D Current Liabilities minus Cash
Question 15
An asset was bought for 52,000 and is depreciated on reducing-balance basis at 20%. What is the depreciation charge in the second year?
A 10,400
B No answer is correct
C 8,320
D 6,656
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